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One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers.
Biden’s signature, one-time student loan forgiveness program was struck down by the Supreme Court last year. It would have canceled up to $20,000 of student debt for many low- and middle-income ...
On Wednesday, the federal Education Department approved $4.5 billion in student loan forgiveness for 261,000 former Ashford University students. In last major batch of student loan relief, Biden ...
In the summer of 2023, the Supreme Court ruled to strike down Biden’s student loan forgiveness program, which would have canceled up to $20,000 of debt for roughly 43 million eligible borrowers.
The administration said it will spend nearly $4.3 billion to cancel student debt for 55,000 such workers, the result of fixes made to the Public Service Loan Forgiveness Program. “Four years ago ...
The Public Service Loan Forgiveness program was created in 2007, promising college graduates that the remainder of their federal student loans would be zeroed out after 10 years working in ...
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers.
Joe Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers waited ...